рус  | eng  |

Exclusive

25.05.2015
Gemstone dealers are richer than us, Tanzania small scale miners mourn
olam_mustapha_x.jpgTanzania’s Tanga Small Scale Miners Association said it is not happy with the manner in which gemstone dealers in the East African country are profiteering from their hardwork. The association chairperson Olam Mustapha told Rough & Polished’s Mathew Nyaungwa on the sidelines of the Arusha Gem Fair in Tanzania last month that the dealers were buying stones for as low as $10 per gram and then obtain $100 per gram or even $200 per gram when the same stones are sold abroad. Below are excerpts of the interview.

18.05.2015
Demand for diamond jewelry has traditionally been and will be there in spite of crisis situations
valeri_ilyinykh_x.jpgUralskaya Yuvelirnaya Kompaniya (Ural Jewellery Company), Yekaterinburg, holds strong positions on the Russian jewellery market and specializes in the manufacture and wholesale of trendy and classic jewellery made of precious metals, precious and semi-precious gems. Along with exclusive jewellery studded with precious gems, it manufactures big lots of inexpensive and quality jewellery. It has a reputation of a reliable and responsible partner. Valery Ilyinykh, the company’s CEO, gave his answers to questions from Rough&Polished.

12.05.2015
Mira Gulati, Founder and Principal Designer of Mirari
mira_gulati_x.jpgA trained jewellery designer and gemologist from the Gemological Institute of America (GIA), Mira Gulati created the brand ‘Mirari’ to cater to India’s growing demand for luxury jewellery with a contemporary edge, as well as the international market’s craving for aesthetic of the Indian classic treasures. Even before embarking on this journey, Mira worked at several jewellery stores in California to develop her skills in sales, operations, security and dealing with clients. Armed with education and experience, Mira ventured confidently into the business of her dreams.





Belgium's Polished Exports +8%, Imports +28% in May

17.06.2013

Belgium's polished diamond exports rose 7.7 percent year on year in May to $1.271 billion, while the price per carat jumped 12.5 percent to $1,993, according to data collected by the Antwerp World Diamond Centre. However, polished diamond imports surged 27.9 percent to $1.314 billion, leaving Belgium with a net polished export deficit of $43 million compared with net exports worth $154 million in May 2012.
Rough imports fell 5.4 percent in May to $1.051 billion and rough exports increased 6.1 percent to $1.221 billion. The data resulted in a rough import deficit of $170 million during the month compared with a deficit of $40 million one year ago. Belgium's net diamond account for May, reflecting the net difference between exports and imports, plummeted to a deficit of $3 million compared with a surplus of $194 million one year ago.
During the first five months of 2013, Belgium has exported $5.778 billion worth of polished diamonds, up 1.4 percent year-on-year, while polished imports have fallen 2.3 percent to $5.542 billion. Net exports of polished diamonds totaled $236 million compared with only $24 million for the same period in 2012. Rough imports of $5.929 billion during the first five months reflected a 5.5 percent year on year increase, and yet rough exports have risen 6.3 percent to $6.333 billion, leaving an import deficit of $404 million compared with a deficit of $335 million.
Belgium's net diamond account for the January through May period improved 78.3 percent year on year to $640 million.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished

Rough&Polished

Comments

Only registered users are allowed to comment.
Register
Sign in
© 2007-2015 Rough and Polished